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‘An unusual case’: ACCC gives Booktopia more time to pay $6M penalty
ACCC 2022-12-14 3:16 pm By Cindy Cameronne Sydney

The Australian Competition and Consumer Commission has agreed to grant Booktopia more time to pay a $6 million penalty over an alleged misleading refund policy, after the online book retailer suffered a “massive fall” in its share price.

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Home builder admits to unfair clause banning bad reviews by customers
ACCC 2022-12-13 5:11 pm By Sam Matthews Melbourne

Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.

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Star Entertainment directors, execs targeted in new ASIC action
ASIC 2022-12-13 9:24 am By Christine Caulfield

The corporate cop has named eleven current and former Star Entertainment directors and officers in a civil penalty case alleging breaches of duties in relation to the company’s non compliance with anti-money laundering laws.

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Dan Murphy’s owner stumbles in bid for Darwin pub
ACCC 2022-12-12 2:45 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has raised preliminary competition concerns about Endeavour Group’s proposed acquisition of the Beachfront Hotel north of Darwin, saying it could stymie competition in the local market for takeaway liquor.

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Former Statewide Super execs charged with dishonesty offences
ASIC 2022-12-12 2:14 pm By Cat Fredenburgh

The former chief financial officer and chief risk officer of South Australian industry super fund Statewide Superannuation have been hit with criminal charges related to the procurement of services from financial services platform Cosight.

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Bloomex taken to court for ‘misleading’ consumer ratings
ACCC 2022-12-09 11:36 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has taken online florist Bloomex to court for allegedly violating the Australian Consumer Law by posting misleading customer ratings on its website.

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ASIC accuses McPherson’s of continuous disclosure breaches
ASIC 2022-12-09 3:20 pm By Sam Matthews Melbourne

The Australian Securities and Investments Commission has sued health and beauty giant McPherson’s Limited and its former CEO over alleged continuous disclosure breaches and misleading or deceptive conduct during a capital raise in late 2020.

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Google defeats ACCC case over data collection
ACCC 2022-12-09 3:01 pm By Cindy Cameronne Sydney

The ACCC has lost proceedings accusing Google of duping millions of Australians into agreeing to expand the scope of personal information the tech giant could collect and combine for use in targeted advertising. 

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ACCC wins price-fixing case against BlueScope Steel, senior exec
ACCC 2022-12-09 10:26 am By Cindy Cameronne Sydney

The Australian Competition and Consumer Commission has largely won its case against BlueScope Steel and former general manager Jason Ellis alleging they engaged in “serious cartel conduct” in relation to the supply of flat steel products in Australia.

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ACCC levels cartel suit against mining equipment company Qteq
ACCC 2022-12-08 11:57 pm By Sam Matthews Melbourne

The Australian Competition and Consumer Commission has brought action against mining equipment company Qteq and its executive chairman Simon Ashton over allegations of bid rigging and other cartel conduct.

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